The decentralized derivatives exchange Hyperliquid is capturing market attention as its native token, HYPE, approaches new all time highs near the $40 mark on Sunday May 25. On-chain insights show the rally was fuelled the media buzz surrounding a billion-dollar Bitcoin bet reversal by a prominent whale trader. Will HYPE price advance further or retreat in the weak ahead ? ...
In order to invest or trade successfully, you have to have conviction. Conviction does not equal stubbornness. It’s very important to remain objective and occasionally question your conviction and adjust your strategy from time to time if signals warrant it. But I cannot trade personally if I believe there’s a 50/50 chance the market is going higher. That doubt will ...
President Donald Trump on Friday cleared the merger of U.S. Steel and Nippon Steel, after the Japanese steelmaker’s previous bid to acquire its U.S. rival had been blocked on national security grounds. “This will be a planned partnership between United States Steel and Nippon Steel, which will create at least 70,000 jobs, and add $14 Billion Dollars to the U.S. ...
The once-solid relationship between President Donald Trump and Apple CEO Tim Cook is breaking down over the idea of a U.S.-made iPhone. Last week, Trump said he “had a little problem with Tim Cook,” and on Friday, he threatened to slap a 25% tariff on iPhones in a social media post. Trump is upset with Apple’s plan to source the ...
Josef Schachter of the Schachter Energy Report shares his updated outlook for oil and natural gas. He sees a buy window potentially opening for stocks in June, and also believes oil prices are due to rise. Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article. This post appeared first on investingnews.com ...
It was a slow start to the week for gold, but it didn’t take long for the price to pick up. The yellow metal began the period at the US$3,220 per ounce level, but was gaining steam by Tuesday (May 20), briefly breaking US$3,300. Gold continued higher the next day, and after pulling back briefly on Thursday (May 22) was ...
High-stakes crypto trader James Wynn has taken his riskiest bet yet – a $1.2 billion leveraged Bitcoin long position on Hyperliquid. However, CrediBULL Crypto says James Wynn’s Hyperliquid BTC long position runs a high risk of liquidation. CrediBULL Crypto Is Pitching His Tent Against James Wynn Pseudonymous cryptocurrency investor James Wynn has sent the cryptoverse buzzing after opening a Hyperliquid ...
Market expert SIR CHARTIST has dropped an in-depth analysis of the MSTR stock price action. In his analysis, he explained why the stock is primed for a crash to as low as $350. However, he remarked that the stock will eventually witness another 100% rally, which could send its price to $700. MSTR Stock Could Drop To $350 Before Surge ...
After a very strong move in the week before this one, the markets chose to take a breather. They moved in a wide range but ended the week on a mildly negative note after rebounding from their low point of the week. While defending the key levels, the markets largely chose to stay within a defined range. The trading range ...
Bitcoin (BTC) crashed 4.5% in 24 hours, crashing below $110,000 after President Trump threatened the EU with 50% tariffs. The sell-off began before Friday’s market open and accelerated during the New York session. This sudden crash in response to Trump’s tariff announcement wiped out $638 million in leveraged positions, according to CoinGlass data. During Friday’s briefing, Trump said that he ...
Amid Trump tariff wars and rising US Treasury Yield, the American economy seems in a very tight spot, as Elon Musk’s Department of Government Efficiency (DOGE) comes up with a plan to avoid US recession. The tech billionaire who’s close to US President stated that accelerating GDP growth is one way to avoid the US debt crisis. This means a ...
Ukraine’s capital Kyiv came under a large-scale Russian drone and missile attack overnight into Saturday, just hours after Russia and Ukraine began a major prisoner exchange. At least eight people were injured in the attacks, which triggered fires and left debris strewn in districts throughout the city, the city’s mayor Vitali Klitschko said in a post on Telegram. Klitschko said ...